There you have it boys and girls, we’re making $250k per month ($3m per annum) from existing 3 wells at Capitola, at current oil prices and with two wells to come.
Assuming they are linear, we’ll end up making $5m per annum and still have significant cash in the bank.
Seriously, how long can we stay below cash-backing at 0.007?
Ann: Chairman's Address to Shareholders, page-2
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